Thomas J. Stanley was an American writer and business theorist. He is the author and co-author of several award winning books on America's wealthy, including the New York Times’ best sellers The Millionaire Next...
Thomas J. Stanley Business
Great offense and poor defense translate into under accumulation of wealth. Thomas J. Stanley
Great offense and poor defense translate into under accumulation of wealth.
If you’re not yet wealthy but want to be someday, never purchase a home that requires a mortgage that is more than twice your household’s total annual realized income. Thomas J. Stanley
If you’re not yet wealthy but want to be someday, never purchase a home that requires a mortgage that is more than twice your household’s total annual realized income.
Good health, longevity, happiness, a loving family, self-reliance, fine friends … if you [have] five, you’re a rich man…. Thomas J. Stanley
Good health, longevity, happiness, a loving family, self-reliance, fine friends … if you [have] five, you’re a rich man….
How can well-educated, high-income people be so naive about money? Because being a well-educated, high-income earner does not automatically translate into financial independence. It takes planning and sacrificing. Thomas J. Stanley
How can well-educated, high-income people be so naive about money? Because being a well-educated, high-income earner does not automatically translate into financial independence. It takes planning and sacrificing.
“Financially independent people are happier than those in their same income/age cohort who are not financially secure. Thomas J. Stanley
“Financially independent people are happier than those in their same income/age cohort who are not financially secure.
Most people will never become wealthy in one generation if they are married to people who are wasteful. A couple cannot accumulate wealth if one of its members is a hyperconsumer. Thomas J. Stanley
Most people will never become wealthy in one generation if they are married to people who are wasteful. A couple cannot accumulate wealth if one of its members is a hyperconsumer.
It matters less how much more you make than what you do with what you already have. Thomas J. Stanley
It matters less how much more you make than what you do with what you already have.
Money should never change one’s values…. Making money is only a report card. It’s a way to tell how you’re doing. Thomas J. Stanley
Money should never change one’s values…. Making money is only a report card. It’s a way to tell how you’re doing.
Multiply your age times your realized pretax annual household income from all sources except inheritances. Divide by ten. This, less any inherited wealth, is what your net worth should be. Thomas J. Stanley
Multiply your age times your realized pretax annual household income from all sources except inheritances. Divide by ten. This, less any inherited wealth, is what your net worth should be.
FEARS AND WORRIES What do you spend time worrying about? Are your concerns congruent with wealth accumulation? Or do you spend time thinking about issues that are impediments to becoming affluent? Thomas J. Stanley
FEARS AND WORRIES What do you spend time worrying about? Are your concerns congruent with wealth accumulation? Or do you spend time thinking about issues that are impediments to becoming affluent?
The foundation stone of wealth accumulation is defense, and this defense should be anchored by budgeting and planning. Thomas J. Stanley
The foundation stone of wealth accumulation is defense, and this defense should be anchored by budgeting and planning.
Whatever your income, always live below your means. Thomas J. Stanley
Whatever your income, always live below your means.